Insider Trading

Insider Trading is a weekly report of stock transactions involving officers, directors and owners of 10 percent or more of a publicly held company. Corporate insiders historically make more economically sound decisions in trading their own company’s stock than do other investors. Selling by insiders is not necessarily negative, however, because they may sell stock for tax reasons, estate planning or cash needs. Here are some of the most recent transactions reported to the U.S. Securities and Exchange Commission and the New York and American stock exchanges by companies with interests in Central Florida. CVS Caremark Corp. Larry J. Merlo, chief executive officer, exercised an option for 46,393 common shares at $28.10 each on Jan. 11. He sold 46,393 common shares at $95.00 each on Jan. 11 and now holds 512,105 shares. JPMorgan Chase & Co. Ashley Bacon, officer, sold 4,979 common shares at $56.81 each on Jan. 15 and now holds 23,902 shares.

John L. Donnelly, officer, sold 7,093 common shares at $56.81 each on Jan. 15 and now holds 116,187 shares.

Stacey R. Friedman, general counsel, sold 7,296 common shares at $56.81 each on Jan. 15.

Mark O. Donovan, officer, sold 6,553 common shares at $56.82 each on Jan. 15 and now holds 794 shares. Symantec Corp. Anita M. Sands, director, sold 1,000 common shares ranging in price from $20.00 to $20.11 each on Jan. 15 and now holds 23,998 shares. The Walt Disney Co. Christine M. McCarthy, chief financial officer, exercised an option for 49,920 common shares at $20.81 each on Jan. 13. She sold 49,920 common shares ranging in price from $100.83 to $101.47 each on Jan. 13 and now holds 107,849 shares. Waste Management Inc. Frank M. Clark Jr., director, sold 589 common shares at $52.42 each on Jan. 19 and now holds 28,049 shares.

Patrick W. Gross, director, sold 633 common shares at $52.41 each on Jan. 19 and now holds 21,090 shares.

John C. Pope, director, sold 589 common shares at $52.38 each on Jan. 19 and now holds 49,707 shares.

W. Robert Reum, director, sold 994 common shares ranging in price from $52.44 to $52.49 each on Jan. 19 and now holds 33,420 shares.

Thomas H. Weidemeyer, director, sold 589 common shares at $51.54 each on Jan. 20 and now holds 23,348 shares.

Source: Thomson Reuters